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Monday 7 September 2015
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Traders Alert: Super Micro Computer, Inc. (NASDAQ:SMCI), LogMeIn (NASDAQ:LOGM), MFS Intermediate Income (NYSE:MIN), Imperva (NYSE:IMPV)

On Thursday, Shares of Super Micro Computer, Inc. (NASDAQ:SMCI), gained 0.24% to $24.87.

Super Micro Computer, declared immediate availability of embedded motherboard and system solutions supporting the new sixth Gen Intel Core processor family (codename Skylake). New compact motherboards and system solutions targeting embedded applications in commercial, industrial, medical, and military industries offer raised compute and graphics performance with greater energy efficiency. These new solutions offer advanced features such as Intel Software Guard Extensions (Intel SGX) and Intel Memory Protection Extensions (Intel MPX) that boost security when combined with Supermicro’s IoT gateway (SYS-E100-8Q) providing the most robust edge-to-cloud infrastructure.

“Supermicro’s next generation embedded products offer the best performance, efficiency and feature sets in their class with support for the new 6th Gen Intel Core processors,” said Charles Liang, President, and CEO of Supermicro. “Our expanded solution portfolio covers the widest range of applications from commercial to Industrial, medical and military applications. When combined with our IoT gateway, Supermicro offers total end-to-end infrastructure solutions for the most mission-critical, data dependent operations and applications.”

Super Micro Computer, Inc., together with its auxiliaries, develops and provides high performance server solutions based on modular and open-standard architecture. The company offers a range of server, storage, blade, workstation, and full rack solutions, in addition to networking devices, server administration software, and technology support and services.

Shares of LogMeIn Inc (NASDAQ:LOGM), declined -2.42% to $61.81, during its last trading session.

LogMeIn, declared that its Board of Directors has approved a succession and transition plan for the company’s chief executive officer (CEO) position. Effective at the end of 2015, Michael K. Simon, the company’s co-founder and CEO for the past 12 years, will step down as CEO. He will be succeeded as CEO by William “Bill” R. Wagner, presently the company’s president and chief operating officer. Simon will remain as the company’s chairman of the board and will also serve in an advisory role to Wagner.

Wagner was hired in 2013, joining LogMeIn as the company’s first chief operating officer. In this key capacity, he implemented planned initiatives that assisted accelerate the company’s growth. Wagner was promoted to president in January of 2015 and thereafter was designated to the company’s Board of Directors.

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. It offers services, such as join.me, join.me pro, and join.me enterprise that are browser-based online meetings and screen sharing services; Cubby Basic, Cubby Pro, and Cubby Enterprise that are cloud-based file syncing, storage, and sharing services; and LogMeIn Pro, a remote access service.

At the end of Thursday’s trade, Shares of MFS Intermediate Income Trust (NYSE:MIN), gained 0.22% to $4.57.

MFS Investment Management, declared monthly distributions of the following closed-end funds, all with declaration dates of September 1, 2015, ex-dividend dates of September 15, 2015, record dates of September 17, 2015, and payable dates of September 30, 2015.

As formerly declared on February 12, 2015, the following funds implemented managed distribution plans starting in May 2015: MFS Charter Income (MCR), MFS Intermediate High Income Fund (CIF) and MFS Multimarket Income Trust (MMT).

MFS Intermediate Income Trust is a close-ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the public fixed income markets across the globe.

Finally, Imperva Inc (NYSE:IMPV), ended its last trade with 1.14% gain, and closed at $61.85.

Imperva, committed to protecting business-critical data and applications in the cloud and on-premises, will host a financial analyst and investor day Thursday September 10, 2015 in New York, New York.

Imperva executives will give presentations covering the company’s vision, strategy, key business initiatives, and financial aims.

Imperva, Inc. develops, markets, sells, services, and supports cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide. It operates in two segments, Imperva and Incapsula.

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